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UU Innovation UUAB Holding ANNUAL REVIEW 2013

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Uppsala University Innovation and UUAB Holding

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Page 1: Annual Review 2013

UU Innovation UUAB Holding

ANNUAL REVIEW

2013

Page 2: Annual Review 2013

3 In brief

4 Introduction by the Deputy Vice-Chancellor

6 Director’s comments, UU Innovation

8 Highlights of 2013, UU Innovation

10 About UU Innovation

16 Our initiatives 18 – AIMday 20 – KOM FRAM 22 – SciLife Innovation 24 – Ångström Academy 26 – Partnership with Peking University 28 – SME initiative

30 Comments by the CEO, UUAB Holding

32 About UUAB Holding

34 New portfolio company, Disruptive Materials

36 Portfolio companies

38 Management and board of directors, UUAB Holding

CONTENTS

Page 3: Annual Review 2013

UU Innovation is the central innovation support organization at Uppsala University. We focus on supporting researchers and students with counselling, contacts and funding related to knowledge exchange and commercialization. Our mission is to work for an efficient use of academic knowledge in order to create mutual value for the university and society.

UUAB Holding is Uppsala University’s holding company whose mission is to support the commercial development of knowledge and ideas at the university. Through UUAB Holding the university can contribute to licensing of new technology and establish new research-based companies.

IN BRIEFUU INNOVATION UUAB HOLDING

TO FACILITATE MUTUAL knowledge exchange between academic researchers, businesses and other sectors of society UU Innovation creates high quality meeting events such as AIMday, help prepare and fund joint projects, and help manage and coordinate collaborations and partnerships.

Each year we bring together around 1 400 university researchers and 1 000 representatives from companies and other external organizations to exchange ideas and expertise in meetings of various forms and sizes. We work actively to support further interactions from these contacts.

Researchers and students who wish to explore the possibil-ities to develop the commercial potential of their research results and ideas can turn to UU Innovation for support and resources. We primarily support the early phases in the commercialization process and provide business counselling, patent advice and intitial funding.

We come into contact with around 100 new ideas a year, of which approximately 30 lead to projects. Around 4-5 eventu-ally result in the formation of a company or a licensing deal..

UUAB HOLDING INVESTS early seed money in exchange for a minority share in new research-based companies. Such early investments give the companies the opportunity to develop and to attract other investors. UUAB Holding has over the years contributed to the start of 75 companies and in no less than 17 of them the holding company has been able to make successful exits. Any prof-its made from exits are used to support new commercial projects and companies. The increase in net value of invest-ments since the start is more than 100 million SEK, making UUAB Holding one of Sweden’s financially most successful university holding companies.

UUAB Holding currently holds equity in 40 spin-out com-panies operating in various lines of business. The portfolio also includes five innovation support companies, among others the business incubator Uppsala Innovation Centre, UIC, Forskarpatent i Uppsala AB, and the subsidiary UU Projekt AB which provides hands-on business development support and help to sell or license patents..

UU INNOVATION AND UUAB HOLDING ANNUAL REVIEW 2013 3

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UU INNOVATION AND UUAB HOLDING ANNUAL REVIEW 20134

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INNOVATIONS OFTEN RESULT from new combina-tions of already existing knowledge, ideas and artefacts. They typ-ically emerge through processes of interactive problem solving.

Uppsala University is characterized by great diversity and breadth, with international frontline research within nine faculties and limitless educational offerings at undergraduate and master levels. This academic diversity represents a unique opportunity for all kinds of new combinations and therefore an enormous potential for innovations that can move the knowledge frontier and benefit society.

Interaction between academic research, industry and society can create true win-win situations. Uppsala University wants to contribute to a better world, but this is not the only reason why we want to take an active role in society and promote development and innovation. We are also convinced that the more broad-minded and open we are, the better we will become at our major tasks – to perform research and provide education of the highest quality.

In order to achieve this we need good structures to promote collaboration and innovation and tools that enable us to identify and grasp new issues of importance to various parts of society. Here UU Innovation and UUAB Holding make essential contributions. Their accomplishments in 2013, as described in this Annual Review, have further strengthened Uppsala University in this regard. This is evidenced by the fact that other universities and external parties show great inter-est in tools and methods for collaboration and commercial-ization developed here, and not least by the fact that Swedish governmental agencies are keen to fund these new initiatives.

I am myself currently involved in two such projects, funded by Vinnova, aiming at further increasing the strategic collabora-tion between academic and non-academic organizations. In both projects tools developed by UU Innovation play major roles. By using these tools also to build alliances between universities and learning from each other, we can become even better at creating the right conditions for innovation and collaboration, for the mutual benefit of academia and the surrounding world..

Anders Malmberg Deputy Vice-Chancellor

Uppsala University

ESSENTIAL CONTRIBUTIONS TO INNOVATION

“Uppsala University wants to contribute to a better world, but this is not the only reason why we want to take an active role in society and promote development and innovation.”

UU INNOVATION AND UUAB HOLDING ANNUAL REVIEW 2013 5

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“We cannot plan for innovation to occur inside the university as significant innovation takes place at the interface between academia, industry and society.”

UU INNOVATION AND UUAB HOLDING ANNUAL REVIEW 20136

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WHEN RETURNING TO Uppsala University in the autumn of 2013 to assume my duties as head of UU Innovation I met a creative and dynamic university with many incredibly clever researchers brimming with fresh ideas. I also found highly competent and motivated coworkers at UU Innovation, eager to help develop these ideas into innovations of great value to our society.

This high level of skill and commitment is reflected in the achievements of UU Innovation during 2013 which are described in more detail in other parts of this Annual Review. Let me just mention two accomplishments that nicely illus-trate the diversity of our operations:

The new KOM FRAM initiative enables a structured form of knowledge exchange between municipalities and academic researchers, helping the municipalities handle the strategic challenges they are facing. This new matchmaking tool also strengthens the university’s role in our local communities and in our region. We are also taking great steps towards increased international collaboration, bringing more opportunities for our university researchers to reach out to companies and organizations outside Sweden. One way is for us to collaborate with other innovation offices at universities around the world. This development has only begun.

Our meeting concept AIMday® is gaining international as well as scientific attention. We are now exploring the possibilities to utilize our offering of the AIMday tool as the basis for concrete collaboration with innovation offices at other uni-versities, not only in Sweden but also abroad. I am proud to announce that the University of Edinburgh will have its first AIMday this summer.

We are looking forward to our new challenges with confidence. Right now we are busy fine-tuning the strategies that will enable us to achieve UU Innovation’s vision to help Uppsala University strengthen and confirm its position as one of the world’s foremost universities. Our contribution is to offer internationally leading innovation and collaboration support to researchers and students all across the broad university.

We cannot plan for innovation to occur inside the university as significant innovation takes place at the interface between academia, industry and society. What we can and will do is to create the best possible conditions to facilitate know-ledge exchange between the parties and provide professional business and IPR support to all academic researchers and students who want to face the challenges of taking ideas to become a new or significantly improved product, service, process or a new organizational method in new or existing companies and organizations..

Pirkko Tamsen Director

UU Innovation

DIRECTOR’S COMMENTS MEETING THE CHALLENGES OF INNOVATION

UU INNOVATION AND UUAB HOLDING ANNUAL REVIEW 2013 7

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OUR ORGANIZATIONIn 2013 the leadership of UU Innovation and UUAB Holding was separated. New recruit Pirkko Sulila Tamsen, who joined in October 2013, now heads UU Innovation and the Inno-vation Office and brings long and valuable experience from managing both research and start-up companies. Lars Jonsson now serves full-time as CEO of UUAB Holding. This strength-ens and brings increased focus to both operations, while close and important cooperation continues.

THE UNIVERSITYThe merger between Uppsala University and Gotland University means that UU Innovation can now further increase its support to, and presence at, Campus Gotland. The merger on July 1, 2013, coincided with the Almedalen Week in Visby and was celebrated by a number of events arranged by the university. UU Innovation hosted a well-attended seminar demonstrating the AIMday meeting concept, focusing around a question from Region Gotland regarding steering models in municipalities.

SUPPORT FOR KNOWLEDGE EXCHANGEUU Innovation provides structured support to facilitate mutual knowledge exchange between academia, business and society, with concrete collaboration projects as the goal. Tools tailored to the specific needs in different areas are continuously being developed. Two new initiatives, KOM FRAM and SciLife Innovation, were launched in 2013, while established tools like AIMday continued to spread, both inside and outside Uppsala University. The three-year SME initiative was completed and involved 33 projects between researchers and SMEs from various businesses.

UU Innovation assisted in the preparation of Uppsala Univer-sity’s successful application to the EU’s Innovative Medicines Initiative (IMI). The ENABLE consortium, in which the univer-sity is a leading part, is aimed at developing new antibiotics to treat severe bacterial infections. In addition, UU Innovation has been actively engaged in consortiums that will apply for EIT financing for KICs (Knowledge and Innovation Commu-nities) in the areas of active living and healthy ageing and raw materials. This call was announced in February 2014.

SUPPORT FOR COMMERCIALIZATIONWe interacted with some 100 university researchers seeking advice and support regarding intellectual property (IP) protection, verification and development of their business ideas. The addition of a new business advisor further strength-ens our counselling services. There is a growing demand for the competences of our IP advisors, not only for counselling on protection issues, but also for educational activities regarding patents. In 2013, they conducted 25 educational activities – from single lectures for students to external whole-day courses. Courses were given for EU’s European Academy, the Swedish Energy Agency, Karolinska Institutet and KTH, among others.

The number of projects receiving funding from Vinnova’s VFT program increased by 50% to 30. Total net funding for the year amounted to 2.3 MSEK. During the year new collabo-rations were started enabling the use of VFT funding also for projects from the business incubator UIC and Drivhuset, in addition to already existing partner SLU Holding.

A partnership agreement with Peking University provides new opportunities to help commercialization projects and university research-based companies find financiers, business advisors and facilitators on the exciting Chinese market.

QUALITY AND RENEWALA follow-up survey among researchers and PhD students showed that the awareness of UU Innovation has grown since the last survey in 2010, and that those who use our services have great confidence in our operations. The survey provided a good basis for our ongoing strategy and development work, and we will continue our diligent efforts to develop our services and make them known among researchers, as well as potential external partners.

In 2013 Hjärnäpplet, previously awarded to successful entre-preneurs at the Ångström Laboratory by UU Innovation, gained new scope and status as it became Uppsala Univer-sity’s innovation prize. The 2013 winner was Professor Ulf Landegren, who was rewarded for his successful commercial-ization of research in a number of start-up companies..

HIGHLIGHTS OF 2013UU INNOVATION

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“UU Innovation’s staff consists of 25 highly qualified professionals, most of them with multi competences – an academic background combined with industrial experience.”

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UU Innovation is the central innovation support organization at Uppsala University. Our mission is to work for effective utilization of academic knowledge to create mutual value for the university and society.

UPPSALA UNIVERSITY IS a comprehensive university with nine research and education faculties in three major areas: humanities and social sciences, medicine and pharmacy, and technology and natural sciences. With the university’s total knowledge as the foundation, UU Innovation helps integrate research and innovation. Transformation of research within the university into innovations is something that has always occurred. However, it is our mission to further facilitate and encourage this process. By innovation we mean ways to create value – whether the results are new or improved ways of working, methods, processes, services or products that are realized in new or existing organizations.

We work with broad and structured support to promote research innovations, and our operations are focused on the areas of mutual knowledge exchange and commercialization. We have specialists in business development, project manage-ment, and patents and other intellectual property rights.

Much of our daily work is about supporting the university’s researchers and students with counselling, contacts and funding. We also assist organizations outside the university to get access to academic knowledge and competences. UU Innovation also works actively to increase the awareness of opportunities for collaboration and commercialization, for example by organizing seminars and workshops and by giving out awards and scholarships.

Uppsala University is one of twelve Swedish universities that have been assigned a regional innovation office. This enables us to support not only researchers in Uppsala and at Uppsala University’s Campus Gotland but also at the universities of Gävle and Dalarna. We work closely together with different parts of the university and with other innovation support organizations in Uppsala.

ABOUT UU INNOVATIONTHE HUB FOR KNOWLEDGE EXCHANGE AND COMMERCIALIZATION

Academia

Society Business

UU Innovation supports mutual knowledge exchange between academia, business and other sectors of society.

UU Innovation can help create new opportunities. Scan the QR code and find out more.

UU INNOVATION AND UUAB HOLDING ANNUAL REVIEW 2013 11

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KNOWLEDGE EXCHANGE is a process which brings together academic researchers, business and other sectors of society to exchange ideas and expertise to foster innovation. UU Innovation provides structured support to facilitate mu-tual knowledge exchange, making it easier to meet, interact and collaborate for mutual benefit. Our aim is to help develop deep and long-term relationships between academic re-searchers and non-academic organizations, and hence increase the tangible outcomes of their common efforts.

Knowledge exchange can take many forms and we work actively to support different levels of interaction between the university and external organizations. Our support is designed to promote and catalyze the development of strong and self-sustaining relationships between these groups.

HOW WE CAN HELP AND SUPPORTUU Innovation assists with structured hands-on support in every phase of the process: in creating meetings, in preparing joint projects, and in actual collaborations. We offer advice on matters as financing and provide contacts along with high quality meeting events, management or coordination of collaborations. We have a total of eight project managers supporting knowledge exchange in all of the university’s disciplinary domains: three are active in the humanities and social sciences, two in life science and three at the Ångström Laboratory.

Collaborate

Prepare

Meet

Innovation &Impact in society

CREATING VALUE THROUGH KNOWLEDGE EXCHANGE

MEET

Needs for knowledge and resources are matched with relevant compe tences in efficient meetings. New ideas and contacts are often generated that lead to further interaction.

PREPARE

Ideas are followed up and evaluated, and further discussions are initiated to create common goals and a commitment to start a joint project.

COLLABORATE

An actual collaboration is established that produces meaningful results for each party. Common goals and outcomes are clearly defined and agreed upon, including defined roles for each partner in accom-plishing them.

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Our knowledge exchange support consists of the following services:

COUNSELLING• Advice on how to identify opportunities for knowledge

exchange and how to organize events that bring together academic researchers and external organizations.

• Advice on how to describe and develop the area of innova-tion and impact of research as an integral part of applica-tions for research grants.

• Advice on legal and IP issues in collaboration agreements.

Example: Supporting the preparation of applications to EU initiatives, e.g. the Innovative Medicines Initiative (IMI) and the Knowledge and Innovation Communities (KICs).

MATCHMAKING• Matching needs for knowledge and resources with relevant

competence and contacts.• Effective forums and events of various forms and sizes that

bring together academic researchers and external organi-zations around topics of common interest.

Example: AIMday events in different thematic areas where Uppsa-la University is strong, e.g. Materials, Public Management, Cancer.

“UU Innovation assists with structured hands-on support in

every phase of the process.”

FINANCING• Advice on external funding opportunities and help to

develop applications for grants for collaboration projects.• Funding of events with external audiences organized by

researchers.• Initial funding of joint projects, e.g. prestudy projects.

Example: Collaboration vouchers within humanities and social sciences and prestudy financing of projects resulting from AIMday events.

PROCESS AND PROJECT MANAGEMENT• Advice, strategic coordination and project management,

quality assurance and follow-up of collaborative work, taking knowledge exchange to the next level.

• Help to develop strategies, plans and agreements, e.g. for IP, funding etc.

Example: Project management or coordination in consortiums where collaborations between academia and non-academic organizations are central, e.g. IMI and KICs.

STRATEGIC PARTNERING DEVELOPER• Help to initiate and develop strategic alliances between

the university and external organizations.

Example: Partnership programs with industry within the frame-work of the Ångström Academy.

PARTICIPANTS IN OUR KNOWLEDGE EXCHANGE ACTIVITIES

YEAR 2013 2012 2011 2010

Researchers total 1600 1325 1 213 514

of which postgraduate students 334 524 377 59

No. of research departments at the university 238 287 343 99

Representatives from companies and other external organizations 1319 1005 725 328

No. of companies and other external organizations 371 386 364 86

of which SMEs 168 253 206 52

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WE OFFER PROFESSIONAL assistance and support to researchers and students who wish to explore the possi-bilities to develop the commercial potential of their research results and ideas. Our support is primarily focused on the early phases in the commercialization process; when the idea is to be evaluated, protected, developed and verified. We have four business advisors, four IP advisors and one patent information specialist.

Together with the owner of the idea we develop a plan for evaluation and verification of the commercial potential. An idea may concern a new product or service, new pro-cesses, models, methods and also new areas of application. The earlier an idea is discussed with us, the better we can help strengthening the commercial possibilities. The plan for the actual commercialization will vary from case to case. One scenario is to start a company, another may be licensing immaterial rights or some other form of knowledge transfer. In other cases commercialization can take the form of collab-oration with an existing company.

Our work is carried out in close collaboration with our net-work, e.g. the business incubator UIC, the university’s holding company UUAB Holding and its project company UU Projekt.

UU Innovation is also a major sponsor of Drivhuset, an organization that specializes in advising and educating students in entrepreneurship.

CREATING VALUE THROUGH COMMERCIALIZATION

Our commercialization support consists of the following services:

BUSINESS COUNSELLING AND EVALUATIONThe work with evaluating the commercial potential is done in an integrated process where also patents and other immate-rial rights and financing are discussed with UU Innovation’s specialists. We also discuss the idea owner’s own interest and driving forces, and together we plan a suitable strategy for commercialization.

In 2013 the business development process has been qual-ity assured by implementing the NABC model, which was developed by the Stanford Research Institute in the USA and stands for Need, Approach, Benefit and Competition. The purpose is to have a greater customer focus and user per-spective and to identify and eliminate risks at an early stage.

Together with the owner of the idea we work to improve the idea in an interactive process that includes checking the cus-tomer value, making an analysis of the market and potential competitors and shaping and refining the business model. The amount of time required for this work varies depend-ing on the maturity of the technology, the market potential, availability of financial means and the commitment from the owner of the idea.

Our counselling is confidential and free of charge. We are impartial and do not take shares or ownership in commercial-ization projects. Our work is always based on the interests of the owner of the idea.

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FINANCINGUU Innovation assists in finding financing for commercializa-tion projects. In the early stages of the process financial sup-port can be provided to facilitate assessment of the market potential of research findings and ideas.

The most common forms of financing include:

VFT (Verifiering för tillväxt – Verification for growth)Vinnova’s VFT program is aimed at commercial and technical verification and validation of research-based business con-cepts, and at identifying the most suitable strategy for com-mercialization. VFT stage 1 enables us to arrange financing of activities such as:

• Analysis of customer needs• Verification of production method• Analysis of regulatory and legal requirements • Technical verification aimed at minimizing project risks• Patent and/or trademark protection

Applications for financing from VFT stage 2 are made in con-sultation with UU Innovation’s business advisors.

Innovation Foundation Handelsbanken UppsalaInnovation Foundation Handelsbanken Uppsala is a founda-tion offering grants for the early development of business ideas based on research at Uppsala University. UU Innovation administers the applications.

We can also help find other forms of “soft financing”. Anoth-er form of financing is investments from seed capital inves-tors, such as UUAB Holding and Almi Invest.

PATENT COUNSELLINGSome form of protection of the idea is usually required for successful commercialization. UU Innovation’s IP advisors evaluate how an idea should be protected including examining the novelty and evaluating the patentability. In order to create a strong patent protection, planning of experiments and pub-lication is necessary. By involving us at an early stage we can help develop a viable strategy for the protection of the idea.

In large projects and collaborations, including EU initiatives of various types, where several parties are involved, issues relating to patents and ownership are often crucial. In such cases our IP advisors can assist with counselling and working models so that commercialization projects can be run in a way that benefits all parties.

Since 2012 two of our IP advisors also support KI and KTH. These collaborations are continuously developing and are important parts of our ambition to be a national knowledge center for patents and immaterial rights within academia.

In addition to individual counselling our IP advisors also give lectures and seminars regarding IPR and patents for larger or smaller groups of researchers and students..

“We offer professional assistance and support to researchers and students who wish to explore the

possibilities to develop the commercial potential of their research results and ideas.”

COMMERCIALIZATION ACTIVITIES

YEAR 2013 2012 2011 2010 2009 2008 2007

New ideas from Uppsala University 71 86 78 80 67 87 76

Patent applications 32 34 27 37 18 32 25

Commercialization projects VFT 30 20

Drivhuset companies (including UU students) 107 131 144 137 91 96 71

”The key to success is collaboration.” Scan the QR code and view the film about the researcher Johan Kreuger’s journey from science to business.

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OUR INITIATIVES

UU Innovation has, on our own and together with partners, initiated and developed a set of tools and working methods to support the development of collaborations and commercialization projects. On the following pages our major initiatives are described, some of them started in 2013.

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The meeting concept AIMday® is an efficient tool for initiating contacts and facilitating knowledge exchange between academic researchers, businesses and other external organizations. In 2013 AIMday events were arranged in several new thematic areas, at Uppsala University as well as at other Swedish universities.

IN 2013 A TOTAL OF MORE THAN 300 representatives from companies, public and non-profit organizations, and close to 500 academic researchers were brought together at nine AIMday events focused on various thematic areas. Several collaborations were started as results of these meetings and in many other cases the dialogue continues in other forms. Six of the AIMday events were arranged by Uppsala Univer-sity, independently or in cooperation with other universities, and coordinated by UU Innovation. AIMday events were also organized by KTH Royal Institute of Technology and Lund University under a license from Uppsala University.

The cornerstone of the AIMday concept is that the external organizations define the agenda by submitting questions they want to discuss with academic researchers, within the topic defined for the event. The organizer then identifies research-ers in relevant areas, always with a multidisciplinary approach in mind so that also somewhat unexpected perspectives can be included.

During the AIMday event each question is then discussed in a small group. The objective is not to provide answers during the hour that a discussion group meeting lasts, however. The aim is to identify various ways to further elaborate on the issue and if possible to initiate a research collaboration.

In order to further facilitate the start of collaborative pro-jects between Uppsala University researchers and external organizations after AIMday events, UU Innovation can also fund pre-studies. This has proved both attractive and efficient, a contributing cause to why SSF, the Swedish Foundation for Strategic Research, now has allocated funds to be used to finance pre-studies of collaborative projects originating from AIMday events on a national level. UU Innovation now distrib-utes such funds to the universities arranging AIMday events.

The AIMday concept was pioneered by UU Innovation in 2008 and in 2013 the initiator Annika Olsson, project manager at UU Innovation, received the Diamond Award, established by SNITTS, the Swedish Network for Innovation and Technology Transfer Support, for this accomplishment. AIMday has also gained scientific attention as UU Innovation was honored with

AIMDAYBRINGING COMPETENCES TOGETHER

AIMday is a registered trademark of Uppsala University. www.aimday.se

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a Good Practice Award for its paper “AIMday – how to create effective, concrete and productive academia-industry meetings” at an international conference in Amsterdam in 2013. Further studies on AIMday as a tool for knowledge exchange are being performed by researchers at the Department of Engineering Sciences, Uppsala University and will be published in 2014.

AIMday is already strongly positioned among Swedish uni-versities as a strategic tool for the initial phase of strategic alliances. It is now also entering the European arena. The first AIMday event held abroad will be arranged by the University of Edinburgh in June 2014.

During 2013 much work was devoted to the packaging of the concept, the brand and the dedicated tools that have been devised to support the entire AIMday process; all to facilitate and quality assure the continued spread of AIMday. .

UPPSALA UNIVERSITY’S AIMDAY EVENTS IN 2013

FEB. 14 AIMday Diagnostics & Biomarkers (new)

MAR. 13 AIMday ImageOCT. 24 AIMday MaterialsNOV. 26 AIMday CNS Disorders (new)

NOV. 27 AIMday e-Tools & Methods (new)

DEC . 4 AIMday Public Management

How does AIMday work? Scan the QR code and find out!

Is there a medical need for predictive cancer biomarkers during therapy?

What biomarkers and diagnostic methods are suitable for the rapid identification of patients that have

suffered a stroke? What are the reasons that so few biomarkers

make it to the market as a diagnostic kit? These were some of the

questions that were discussed on AIMday Diagnostics & Biomarkers

at Uppsala Biomedical Centre on February 14, 2013.

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KOM FRAM is a match-making tool specially designed to strengthen the development and innovative ability of small and mid-sized municipalities through an active dialogue with academic researchers, primarily in the humanities and social sciences. This initiative also enhances the university’s role in the local communities and in the region.

THE PREPARATIONS FOR A KOM FRAM meeting start with identifying the municipality’s specific challenges and oppor-tunities. The program for the meeting is then tailored according-ly and the challenges are reflected in the choice of researchers that meet the politicians and leading civil servants of the munici-pality. During a one-day meeting short research presentations are mixed with intensive discussions in small groups.

The goal is that the KOM FRAM event should be the start-ing-point for actual collaboration between the municipality and the university. There are many possible forms of collabo-ration – graduation projects, collaborative and commissioned research are some examples.

KOM FRAM meetings have been arranged in Heby, Östhammar and Älvkarleby municipalities. These events have resulted in a number of continued activities, with UU Innovation providing support. Heby municipality has started a long-term collaboration with Uppsala University where busi-ness students work with real life cases from small companies located in Heby and with development plans for the Heby municipality administration. An academic study regarding one of the municipality’s key issues – migration to and from the municipality – is being planned together with the university’s Department of Social and Economic Geography. The study will be an extension of an already completed graduation project.

Migration and commuting are also key concerns to Älvkarleby, where these issues are already being explored in three studies by researchers at the Department of Social and Economic Geography, in order to provide factual background for the municipality’s growth strategy.

In Östhammar the usefulness of applying a gender perspective in municipality development is in focus. A dialogue has been started with researchers at the university’s Center for Gender Research regarding the identification of suitable areas for gen-der equality projects and research projects are being planned.

The series of KOM FRAM meetings in the municipalities of Uppsala County continues in Enköping in May 2014..

KOM FRAMSTRENGTHENING SMALL AND MID-SIZED MUNICIPALITIES

Step 1: Identifying challenges

Step 2: Matching with

researchers

Step 3: Meeting in the

municipality

Step 4: Further

collaboration

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On November 4 a group of researchers from Uppsala University and the Swedish University of Agricultural Sciences, SLU, visited Älvkarleby municipality for a KOM FRAM meeting with politicans and civil servants at Älvkarleö Herrgård. Representatives from industrial companies in the municipality, including Vattenfall and Stora Enso, also took part.

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SciLife Innovation is a new initiative aimed at building partnerships between researchers at SciLifeLab and industry. In 2013 two collaboration projects were launched.

SCIENCE FOR LIFE LABORATORY (SciLifeLab) is a national center for molecular biosciences with focus on health and environmental research. The center combines frontline technical expertise with advanced knowledge of translational medicine and molecular bioscience. SciLifeLab is a national resource and a collaboration between four univer-sities: Karolinska Institutet, KTH Royal Institute of Technology, Stockholm University and Uppsala University. One part of SciLifeLab’s mission is to perform research in areas with a connection to the Swedish business sector and address health and environmental challenges in society.

SciLife Innovation was initiated in 2013 by UU Innovation and the innovation office at Karolinska Institutet, with the aim of building a model for partnership between industry and SciLifeLab researchers as well as promoting collaborative pro-jects. The initiative enables companies to take part in the cut-ting-edge research environment at SciLifeLab and SciLifeLab researchers to make valuable industry contacts and thus gain new knowledge and technology of value for their research.

During the year UU Innovation and KI innovation office secured funding from Vinnova for collaboration projects with-in SciLifeLab. Two projects were granted funding in 2013 and both projects are being coordinated by UU Innovation and KI Innovation office so as to understand best practice and to ensure learning around partnership models.

The first project concerns the testing of a new innovative drug delivery technique in cellular systems and is a collab-oration between Candix AB and Marjam Ott, Associate Professor at the Department of Applied Materials Science at Uppsala University.

The second funded project is a collaboration between Mercodia AB and Professor Peter Bergsten at the Department of Medical Cell Biology at Uppsala University. This project aims to validate an assay for specific measurement of the pro-tein glicentine and explore its potential role in the develop-ment of obesity-related type 2 diabetes in children. .

“A close relation between academia and industry is rewarding both on a national and individual level and can lead to new and innovative technology solutions.”

Marjam Ott, Assoc. Prof. Uppsala University

SCILIFE INNOVATIONSUPPORTING SCILIFELAB COLLABORATIONS

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“The project gives us a possibility to move from prototype

to product by verification in a relevant research study.”

Annika Carlsson, Research Manager, Mercodia AB

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The task of the Ångström Academy is to strengthen knowledge exchange between industry and Uppsala University’s Ångström Laboratory.

ÅNGSTRÖM ACADEMY (ÅMA) was established already in 2007 as a strategic platform led by UU Innovation, primarily focused on materials science. Today three of UU Innovation’s employees are based on site at the Ångström Laboratory, where they have close contact with the research-ers as well as students.

Two partnership programs constitute the core of ÅMA. Large industrial companies are invited to become core members. As such they are offered a range of communication activities and support to initiate and manage collaboration projects. Each core member also has a representative on the academy’s board and thus a direct influence on the activities. Core members in 2013 were Vattenfall, E.ON, Sandvik, Uddeholm and ABB. In the SME program smaller companies are members on a one-year basis, the companies being exchanged each year in order to build an extensive network of SMEs over time. In 2013 Objectra, APRtec, Sigolis, SverigeGrepen, Damasteel and Björks Rostfria were SME members.

Within the framework of ÅMA UU Innovation arranges a wide range of activities to inspire and inform regarding issues related to industry collaborations and other ways of making research results useful in society. The national event AIMday Materials is the flagship, complemented by road trips and focus meetings, workshops, lunch seminars and conferences.

THE ÅNGSTRÖM ACADEMYA STRATEGIC INITIATIVE FOR KNOWLEDGE EXCHANGE

UU Innovation’s project managers at the Ångström Laboratory:

Fredrik Engelmark, Annika Olsson and Torbjörn Fängström

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One of the major tasks of ÅMA is to initiate and coordinate collaboration projects. Up till now a total of 38 collaborative projects have been started through ÅMA activities, six of them in 2013. Most of them concern research, but many collaborations have also evolved into the field of education. For instance, in 2011-2013, 23 student projects were per-formed where engineering students ran laboratory projects at the partnering companies and company representatives were used as teachers in seminars at the university.

UU Innovation also uses the ÅMA platform to assist in the preparation of major research applications where academy- industry collaboration is central, e.g. the EU initiatives Hori-zon 2020 and the Knowledge and Innovation Communities (KICs). UU Innovation currently participates in the innovation group for the preparation of an application for a raw mate-rials KIC and supports the existing InnoEnergy KIC. In 2013 we also had a coordinating role in the application to Vinnova regarding the creation of a national platform for materials development within the framework of the call for strategic research and innovation agendas..

THE ÅNGSTRÖM ACADEMYA STRATEGIC INITIATIVE FOR KNOWLEDGE EXCHANGE

“A total of 38 collaborative projects have been started through ÅMA activities.”

S M E PA RT N E R S :

|

Damasteel

| Björks

Rostfria

|

Objectra | SverigeGrep

en

|

Sigo

lis

| A

PRTe

chno

logy

|

C O R E PA RT N E R S :

|

ABB

|

Sandvik

| Uddeholm

| Va

tten

fall/

E.O

N.

|

Ångström Academy

Department of Chemistry

–Å

ngström | DepartmentofPhysicsandAstr

onomy

| D

epar

tmen

tof

En

ginee

ring

Sciences |

Collaboration partners in Ångström Academy 2013

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Uppsala University has become a partner with Peking University in an international collaboration initiative regarding innovation support and knowledge exchange. The partnership will help Uppsala University gain a better understanding of the opportunities and requirements of the Chinese market.

THE INITIAL PROJECT PHASE in 2013 focused on gaining an understanding of Peking University’s innovation work on location in China and on identifying and establishing contacts of importance for the continued collaboration.

The collaboration will give projects and companies from Uppsala University the opportunity to utilize the alumni network of Peking University, which can be used for access to financiers, business advisors, entrepreneurs and facilitators in the Chinese administration and government. The partnership will also give Uppsala University access to data and analyses of the Chinese market and office space at the new interna-tional innovation center in Peking. The partnership program will include a number of other prestigious universities, with Stanford University and Hong Kong University of Technology and Science already being partners, and thus offers Uppsala University new inroads to collaboration also with them.

The partnership with Peking University not only strengthens and expands our network, it also provides contacts to Chinese companies for Uppsala University researchers as possible business or licensing partners. Among other things UU Innovation, in collaboration with UUAB Holding, will present spin-off companies and commercialization ideas in the verification phase to be matched against market and investment opportunities in China. A number of suitable companies and projects have been identified. However, the final decision whether or not this is of interest of course rests with the management and boards of the respective company.

Vinnova is funding part of the project, which in its first phase concerns companies connected to UUAB Holding and the business incubator UIC. In later phases also companies and projects from other Swedish universities may be included..

PARTNERSHIP WITH PEKING UNIVERSITYMARKETING AND INVESTMENT OPPORTUNITIES IN CHINA

“The partnership with Peking University not only strengthens and expands our network, it also provides contacts to Chinese companies for Uppsala University researchers as possible business or licensing partners.”

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The successful SME initiative was completed in 2013. The project gave a large number of small and medium sized companies (SMEs) access to academic competences and resources, and academic researchers received funding enabling them to perform studies to assist the companies. Seven new hires in the SMEs were made possible thanks to the collaborations.

THE THREE-YEAR SME INITIATIVE was started in 2011 and ran to 2013 as a joint project between Uppsala Uni-versity and the Swedish University of Agricultural sciences, SLU. It was funded by the European Regional Development Fund with the aim of increasing knowledge within SMEs as well as within the universities and contributing to sustainable economic growth.

Within the framework of the project UU Innovation has helped SMEs start collaborations with academic researchers by finding the right persons, competences and resources at Uppsala University and SLU. Through so-called innovation vouchers UU Innovation could also supply initial funding of joint research projects making them possible to start on short notice. This also made it possible to utilize industriali-zation coaches, persons with solid experience from research and business who could help identify and formulate the companies’ needs and then support collaborative projects. Access to advanced instrumentation, laboratory facilities and other infrastructure at the university was also made possible in this way.

The SME initiative led to a fivefold increase in the number of UU Innovation’s contacts with SMEs. In total, UU Innovation has met 355 SMEs for information purposes and more than 50 meetings between SMEs and academic researchers were arranged during the three-year project. A total of 33 collabo-ration projects were initiated with almost as many companies.

SME INITIATIVE COMPLETED33 COLLABORATION PROJECTS WITH SMEs

Andreas Hedberg, researcher at the Department of Literature at Uppsala University, worked with Vallonbruk i Uppland in a research project aimed at sur-

veying and analyzing the literary rendentions of ”vallonbruken”, their local identity and culture

and the influence of these stories on our perception of the sites.

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The participating companies represent many different types of business. To mention just a few examples, diagnostics com-pany Mercodia could collaborate with diabetes researchers and use clinical material from diabetes patients in the product development, the tourist organization Vallonbruk i Uppland could use a literary historian to develop stories about their tourist attractions and the start-up company SverigeGrepen could use the expertise of materials scientists to improve the special tool for handling horse manure that they had invented.

A study of UU Innovation’s SME initiative performed by re-searchers at the Department of Engineering Sciences, Uppsala University, in which all the SMEs involved were interviewed, show that they have gained benefits ranging from “soft values” such as increased knowledge to concrete improve-ment or development of products, services and methods that they regard as very valuable. Moreover, a majority of the SMEs want to extend or deepen the existing collaboration with a certain researcher, or find new collaborations within Uppsala University or SLU. The study also shows that the initiative in a direct way contributed to economic growth as, for example, seven new hires in the SMEs were made possible by the collaborations..

“For an organization such as Vallonbruk i Uppland the qualified input from academic researchers is extremely valuable and I strongly recommend other organizations to make use of this opportunity.”

Kicki Lidén, Vallonbruk i Uppland.

”Vallonbruken” in Uppland were world-leading metal industries in the 18th and 19th centuries.

These vallonbruk derive their name from the skilled workers who came to Sweden from Walloonia in

present day Belgium. More than thirty iron works were established in the Uppland region. The furnaces

demanded huge amount of charcoal, produced in stacks spread around Uppland.

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UUAB Holding’s mission is to support the commercial development of knowledge and ideas at Uppsala University. Operations consist primarily of creating and assisting university startup companies with seed capital, loans, business advice or project assistance. Our equity involvement, since we only take a minority ownership in our startups, is always done in collaboration with external parties.

UUAB HOLDINGUPPSALA UNIVERSITY’S HOLDING COMPANY

“The interest in commercialization among Uppsala University researchers remains as high as ever.”

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NEVER BEFORE HAVE WE MADE SO MANY INVESTMENTS – a total of 31. We invested in two very promising new biomaterial companies, Psilox and Disruptive Materials. The latter company commercializing the new rev-olutionary material Upsalite. The number of new companies started each year fluctuates and the fact that we invested in fewer companies in 2013 than the preceding year proves this point. The interest in commercialization among Uppsala Uni-versity researchers remains as high as ever, evidenced by the fact that several investments in new companies were made by UUAB Holding during the first months of 2014.

In 2013, 29 investments were follow-up investments in ex-isting portfolio companies. In some cases this was the result of a substantial progress in the company’s business. Examples include Rolling Optics which gained new prestigious custom-ers like Chanel No 5 and Hennesey for its micro-printing technology, Current Power which could install a functioning pilot plant, and Seabased which is building the world’s first full-scale energy production plant based on sea waves. Other companies in our portfolio that developed well in 2013 were AroCell, which will soon launch its first cancer test, Atlas Antibodies, which is growing rapidly with good profitability, and the staffing company Academicum.

Our subsidiaries Forskarpatent, which supplies IPR consultancy services to businesses on a commercial basis, and UU Projekt, offering business development and project management support, were both profitable, demonstrating that we have now found good forms for running these support operations.

Our collaboration with UU Innovation has developed further. The best way to develop the business potential of an idea discussed at UU Innovation is not always to form a new company. Our subsidiary UU Projekt is a good platform for developing business projects in other forms, using the joint resources of UUAB Holding and UU Innovation.

One exciting event in 2013 related to our operations was Uppsala University’s collaboration agreement with Peking University, which enables UUAB Holding’s companies and projects to more easily get access to market and investment opportunities in China.

On a personal note, I look forward to once again focusing full-time on developing UUAB Holding and our portfolio companies. We are definitely one of Sweden’s most financially successful university holding companies and well positioned for the future..

COMMENTS BY THE CEORECORD YEAR FOR INVESTMENTS

Lars Jonsson CEO

UUAB Holding

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UUAB Holding’s mission is to be an early investor, giving university-related startup companies the opportunity to develop and attract other investors.

UUAB HOLDING INVESTS early seed money in exchange for a minority share in new companies based on research at the university. Such early investments can be very valuable to the new company. UUAB Holding can take greater business risks at this early stage than venture capital companies, so we can make investments earlier than most other financiers. Any profits made from our exits are used for investments in new startup companies.

Since the start of its operations UUAB Holding has contribut-ed to the creation of 75 companies and made no less than 17 successful exits. The increase in net value of our investments since the start is more than 100 million SEK, making UUAB Holding one of Sweden’s financially most successful university holding companies. We currently hold equity in 40 spin-out companies operating in various lines of business and five innovation support companies.

OUR SUBSIDIARIES

UU ProjektUU Projekt AB is a wholly-owned subsidiary of UUAB Holding. UU Projekt can offer to work with a business development project in exchange for an option on potential future revenue from licenses. The company can then provide funding, e.g. to cover the costs of the first patent applications and market analyses. UU Projekt can also provide the services of a project manager who works together with the researchers to develop the project, verify the market potential and technical feasibility to a point where it may be of interest to external parties and IP rights can be sold or licensed.

ForskarpatentThrough UUAB Holding’s subsidiary Forskarpatent i Uppsala AB the services of UU Innovation’s patent experts are made available to external companies. While UU Innovation’s patent counselling is free of charge for Uppsala University researchers, Forskarpatent supplies these services on a commercial basis.

ABOUT UUAB HOLDINGEARLY INVESTOR IN NEW RESEARCH-BASED VENTURES

Innovation support companies

Renewable energy

Material science, Space tech, ICT

Biotech, Life science

Humanities & Social sciences

7

8

5

14

45

11

Total

Innovation support companies

Renewable energy

Material science, Space tech, ICT

Biotech, Life science

Humanities & Social sciences

7

8

5

14

45

11

Total

UUAB Holding’s portfolio companies, categorized by business area

32 UU INNOVATION AND UUAB HOLDING ANNUAL REVIEW 2013

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“Since the start of its operations UUAB Holding has contributed to the creation of 75 companies and made no less than 17 successful exits.”

0

1

2

3

4

5

6

7

8

9

Follow-up investments

New investments

20132012201120102009200820072006200520042003200220012000

0

1

2

3

4

5

6

7

8

9

Follow-up investments

New investments

20132012201120102009200820072006200520042003200220012000

0

10

20

30

40

50

60

70

80

90

Invested capital

Market value

20132012201120102009200820072006200520042003200220012000

0

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40

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Invested capital

Market value

20132012201120102009200820072006200520042003200220012000

IN FIGURES

YEAR 2013 2012 2011 2010 2009 2008 2007

UUAB HOLDING AND UU PROJEKT AB

Commercialization projects in UU Projekt AB 10 13 14 11 13 11 9

New UUAB Holding companies 2 7 5 2 3 9 3

Companies divested 0 1 3 2 3 2 0

UUAB Holding companies at Dec 31 45 43 39 41 42 44 36

Invested capital during the year (MSEK) 6.0 8.6 4.8 5.2 8.0 6.1 5.9

FINANCES UUAB HOLDING GROUP

Equity (MSEK) 72.8 71.4 73.4 57.9 53.0 54.7 57.9

Financial solidity (percentage) 88% 87% 90% 83% 85% 86% 88%

MAJOR EVENTS 2013

In 2013 UUAB Holding invested a total of 6.0 MSEK in 31 companies, 29 of them follow-up investments in existing portfolio companies. At the end of the year UUAB Holding’s portfolio contained 45 companies with a total estimated market value of more than 80 MSEK.

Two investments were made in new companies:

Psilox AB is a recently founded manufacturing, research and development company within the bioceramic field. The com-pany has developed a patented technology based on calcium phosphate spheres, with applications in dental care, drug delivery and other areas. The product is the first truly multi-functional biomimetic agent, with a combination of remineral-ization, desensitizing and local delivery of active ingredients.

Disruptive Materials AB has been formed by the researchers at the Ångström Laboratory who discovered the new material Upsalite. Turn to next page for a full article..

UUAB Holding investments per year (MSEK)UUAB Holding portfolio development (MSEK)

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One of UUAB Holding’s new portfolio companies stirred a lot of attention already during its first year of operation. It has a challenging name − Disruptive Materials.

A DISRUPTIVE INNOVATION is an innovation that helps create a new market and eventually goes on to disrupt an existing market, explains Maria Strømme, Professor of Nano-technology and one of the founders of Disruptive Materials.

The initial discovery of the new material Upsalite was made by Maria’s research group at the Ångström Laboratory back in 2011. As is often the case with scientific breakthroughs, chance played a part.

“We were trying to develop a material for stabilizing pharma-ceuticals with poor solubility, primarily working with calcium carbonate. We also looked at other materials, among them magnesium carbonate. We were not aware that it was consid-ered almost impossible to synthesize anhydrous magnesium carbonate.

“After accidentally leaving material in the synthesis reactor over a weekend, on Monday morning we found that a strange gel had formed. It was extremely porous, with a specific sur-

face area of several hundred square meters per gram and indeed composed of anhy-drous magnesium carbonate.”

Obviously they had achieved a scientific breakthrough. But it would take over a year of detailed material analysis and fine-tuning of the synthesis before they were ready to let the world know about it.

“We were of course eager to publish our results, but also careful to ensure adequate patent protection first,” Maria says. “We had good experience of working with UU Innovation’s patent specialists previously, and they gave us invaluable help this time as well.”

When Maria and her coworkers published their discovery in July last year the response was overwhelming.

“The phone kept ringing for a whole month. People from all over the world contacted us with requests for samples of Upsalite.”

In addition to the use in drug formulations the new material may also be used to control moisture in small and large envi-ronments, from electronics to industrial production facilities. Or for the collection of toxic waste and chemicals, odor control and sanitation after fires – the opportunities abound.

To commercialize Upsalite Maria Strømme, Sara Frykstrand and Johan Gómez de la Torre founded Disruptive Materials AB in June 2013. UUAB Holding has contributing seed funding and became a shareholder in August.

“Our first step is to start evaluation projects with a number of different partners in various lines of business in order to test the material in various applications. This will give us the necessary knowledge to build an optimal commercialization strategy,” Maria Strømme says.

To pursue commercialization Disruptive Materials was also granted a total of 1.1 million SEK through three of Vinnova’s programs in 2013, and in December the company received another 125,000 SEK and a lot of prestige when it won the Venture Cup East competition..

TAKING A REVOLUTIONARY MATERIAL TO THE MARKET

Maria Strømme, Professor of Nanotechnology, Uppsala University

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The white powder consists to 70 percent of small cavities with pores less than 10 nanometers in diameter. It also has an enormous capacity for absorbing moisture. The material is called Upsalite.

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In addition, UUAB Holding also has five innovation support companies in its portfolio: wholly-owned or majority owned companies UU Projekt AB, Forskarpatent in Uppsala AB, UU Innovation Tools AB and Innoventus Project AB, and a 25% ownership in the business incubator Uppsala Innovation Centre, UIC.

UUAB HOLDING’S PORTFOLIO COMPANIES AS OF 31 DECEMBER 2013

ACABO GAMES Interactive board games for academics.

ACADEMICUM Trains unemployed academics who can then by hired out, primarily to public agencies.

AIRWATERGREEN Effectively removes air moisture in a variety of different environments.

ALIMENTA Method and device that diagnoses sensitivity to food.

ANTI-SNORE Anti-snoring device.

AROCELL Cancer tests that can detect growth of solid tumors with a simple blood test.

ATLAS ANTIBODIES Antibodies that bind to human proteins.

BACTINACT Photocatalytic biofunctional material.

BEACTICA Evaluates the interaction of molecules in order to generate therapeutics and advance the development of small molecule drug leads.

BIOARCTIC Effective treatments for neurodegenerative diseases caused by misfolded proteins.

CHROMOGENICS Electrochromic products, primarily windows, that save energy and increase comfort.

CONVERTUS Computer translation software.

CURRENT POWER Generators used to capture energy from water currents.

DISRUPTIVE MATERIALS Develops and produces a micro-porous magnesium carbonate material.

EA RESEARCH Quantitative and qualitative analysis of minority groups in society.

EDUQUALITY Methods and tools to improve the professionalization and quality of the education sector.

ELECTRIC GENERATION Develops products based on the technologies in the Energy Potential Group companies.

ELECTRIC LINE Systems for electrical vehicle propulsion.

ENERGY POTENTIAL Holding company for a number of related energy-sector companies.

EXSCALE BIOSPECIMEN SOLUTIONS Products and services for extraction and quality control of biomolecules from human tissues.

GRADIENTECH Microscale tools for live imaging of cell behavior in response to defined concentration gradients.

IMINT Software solutions for real-time video enhancement and analysis, supporting human perception of time-critical events.

INTEGRATED ANTENNAS Advanced antenna solutions.

IPF HR management consulting firm offering leadership courses, seminars and research projects.

KALOGI Micro-technique applications.

MODPRO Binder molecules based on chemical synthesis, which can be tailored for various applications.

NGENIC Smarter energy use by regulating the heating of buildings.

OSSDSIGN Bioceramic material with medical applications, including the skull and other bones.

PSILOX Calcium phosphate-based biomaterial with various applications, including toothpaste, bleaching and drug delivery.

Q-LINEA Instruments to measure biological particles and antibiotic resistance.

QUANTOVIR Early diagnosis of uteral cancer based on quantification of HPV virus in cells.

ROLLING OPTICS Optical hologram material based on advanced optics that can be used in numerous applications.

ROTUNDUS Spherical robot that can be used primarily for security and rescue operations.

SEABASED ENERGY Water power generators based on the use of energy from sea waves.

SENSIDOSE Micro pills with an electronic device to ensure proper dosage.

UPPSTUK Student consultancy services.

VERTICAL WIND Wind power based on proprietary “vertical” technique.

VIOGARD Substance to be used on boats to prevent growth of barnacles.

WAVECRAFT Precise microwave-controlled heating of chemical reactions in flowing liquids.

ÅAC MICROTEC Miniaturized electronics systems that can be used in space, defense and various other industries.

PORTFOLIO COMPANIES

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Academicum’s program for long-term unem-ployed highly-educated individuals has given very good results, and so has their initiative for immi-grants with academic education. Their turnover and profitability showed healthy growth in 2013.

Seabased started serial production of the company’s linear generators for deployment under water and will complete the world’s first full-scale wave energy park on the west coast of Sweden in 2014.

Current Power installed a pilot plant for verification of its technology of power generation in free-flowing water in the river Dalälven at Söderfors.

Atlas Antibodies is the commercial arm of the Human Protein Atlas Project, in which Uppsala University is one of the par-ticipating sites. The company was founded by researchers in this project who wanted to make the unique antibodies used in the project available to fellow researchers worldwide. Last year this business showed strong growth and Atlas Antibodies increased its staff by 7 persons to a total of 22.

Airwatergreen’s dehumidifier, AWD, was the winner when SP Technical Research Institute conducted a comparative test with the dehumidifier currently considered the best on the

Many of UUAB Holding’s portfolio companies developed well in 2013. Here are just a few examples:

market. SP’s results showed that Airwatergreen’s product is 40 percent more energy efficient and the best for humidity control in cellars and other cold environments.

Rolling Optics continued to grow and develop, successfully commercializing its micro-printing technology. During the year the company launched new 3D products with leading global players.

Imint field tested its new software for real-time video enhancement and analysis in live flights with the Israeli defense systems company Elbit System’s unmanned aircraft in Uppsala. Tests were carried out for real emergency first response and fire-fighting

scenarios. The trials were successful and Elbit Systems now plans to integrate Imint’s technology in their coming products.

ÅAC Microtec, which develops and manufac-tures robust, miniaturized multi-functional elec-tronics systems for aerospace and industrial applications, saw a healthy development in 2013 and the company’s order book grew strongly.

Gradientech was a hot funding object in 2013. Through a new share issue the company brought in a total of 4.2 MSEK, money primarily intended for sales and marketing activities. The company was also granted funding from Vinnova’s pro-gram “Support for young innovative growth companies” to help finance the development of the company’s microfluidics technology, with special focus on shortening the time it takes to analyze the effects of antibiotics on bacteria..

ENCOURAGING DEVELOPMENTS

GRADIENTECHPROVIDING DIRECTIONS IN BIOSCIENCE

Current Power

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Lars Jonsson, CEO Patrick Micucci, CFO

MANAGEMENT

BOARD OF DIRECTORS

Ann Fust, university director, Uppsala University

Helena Danielson, professor at Department of Chemistry, Uppsala University

Britt Skogseid, professor at Department of Medical Sciences, Uppsala University

Per Uhlén, chairman

Mats Edenius, professor at Department of Informatics and Media, Uppsala University

Margareta Gadnell, founder and partner at Conlega Biobusiness Development and Management

UUAB HOLDING

UU INNOVATION AND UUAB HOLDING ANNUAL REVIEW 201338

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Want to know more?Go to www.uuinnovation.uu.se or give us a call on +46-18-471 19 31

Production: UU Innovation, Uppsala UniversityEditor : Sara Gredemark, UU InnovationText: Thomas Nordanberg, Nordanberg Communications ABPhotos: Uppsala University (pp 4–6, 9), Lotta Lund (p 29),Lars Wallin (p 10), Shutterstock (p 27), Billy Adolfsson (pp 10, 16, 24, 25, 31, 38),Mikael Wallerstedt (pp 7, 19, 21, 23, 28, 34, 35)Graphic design: Södra tornet kommunikation ABPrint: Kph, Uppsala, 2014

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UU INNOVATION IS FUNDED WITH SUPPORT FROM: